Natural Gas
Answering the question isn’t easy, according to CAISO staff and other electric industry experts, who say that while batteries are having a notable impact, several factors complicate the narrative that they’re displacing gas on the grid.
As they prepare to leave office, Biden administration officials remain confident that IRA funds already committed by DOE will be impossible to claw back by the incoming Trump administration.
California regulators voted to keep the Aliso Canyon Natural Gas Storage Facility running, saying the site of a massive gas leak in 2015 remains necessary to maintain reliability and reasonable rates.
Data centers’ voracious appetite for electricity could spike more than threefold over the next four years, rising from 4.4% of U.S. power demand in 2023 to as high as 12% in 2028, according to the Lawrence Berkeley National Laboratory.
A DOE study found that increasing exports of LNG would create economic risks and cause environmental damage.
Two major operators in the natural gas and power sectors say they are moving to meet data center power demand with new natural gas generation capacity.
"Deep, collaborative partnerships combined with creative problem-solving are the only way we can meet the explosion of AI growth, as well as society's accelerating electricity demand," said Sheldon Kimber, CEO of Intersect Power.
Massachusetts Gov. Maura Healey emphasized the importance of collaboration among Northeastern states, provincial governments, energy companies, and labor groups at the New England Energy Summit.
Entergy Louisiana confirmed a new, $10 billion Meta AI data center is the motive behind its recent filing to build three new gas plants at a combined 2.3 GW.
Energy leaders from the U.S. and Canada grappled with the challenges of balancing decarbonization and affordability at the New England-Canada Business Council’s Executive Energy Conference.
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